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Stock Market & Financial Investment News

News Breaks
February 5, 2014
07:03 EDTCVSCVS Caremark to stop selling tobacco at all locations by October 1
The decision to exit the tobacco category does not affect the company's 2014 segment operating profit guidance, 2014 EPS guidance, or the company's five-year financial projections. The company estimates that it will lose approximately $2B in revenues on an annual basis from the tobacco shopper, equating to approximately 17c per share. Given the anticipated timing for implementation of this change, the impact to 2014 earnings per share is expected to be in the range of 6c-9c per share. The company has identified incremental opportunities that are expected to offset the profitability impact.
News For CVS From The Last 14 Days
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July 16, 2014
08:39 EDTCVSCVS Caremark signs new affiliations with four major health care providers
CVS Caremark has entered into new clinical affiliations with four major health care providers in Connecticut, Texas, South Carolina and Louisiana. Through these clinical affiliations the patients of these health care providers will receive access to clinical support, medication counseling, chronic disease monitoring and wellness programs at CVS/pharmacy stores and MinuteClinic, the retail health care division of CVS Caremark.
07:42 EDTCVSCVS Caremark earnings could beat expectations, says Wells Fargo
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July 14, 2014
16:23 EDTCVSCVS Caremark acquires Miami-based Navarro Discount Pharmacy
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